Tempus Resources Ltd: Tempus Raises A$1.9M to Extend Drilling Company") ( ASX:TMR)(TSXV:TMRR) is pleased to announce that it has received firm commitments to complete a non-brokered private placement raising gross proceeds of approximately A$1.9 million through the issue of 12,465,425 ordinary shares in the Company at an average price equivalent to A$0.153 per share (the " Placement"). The Placement was strongly supported by North American and Australian institutional and sophisticated investors. Commenting on the Placement, President and Chief Executive Officer, Jason Bahnsen, said: " We plan to resume drilling at our high-grade Canadian Elizabeth Gold Project within the coming 6-8 weeks and the Placement will enable us to extend works there. Given the great results from last year, it's very exciting to be getting back on the ground at Elizabeth with an enlarged drilling program."